If you’re asking yourself if you should apply for an FHA streamline refinance now or wait a bit, don’t worry, you’re not alone. Homeowners who are fortunate enough to have an FHA loan be it from Jacksonville, Orlando,West Palm Beach or Tampa are asking themselves the very same question. If …Read More
FHA Streamline refinance
FHA TO ENCOURAGE STREAMLINE REFINANCING
Today, Acting Federal Housing (FHA) Commissioner Carol Galante announced significant price cuts to FHA’s Streamline Refinance Program that could benefit millions of borrowers whose mortgages are currently insured by FHA. Beginning June 11, 2012, FHA will lower its Upfront Mortgage Insurance Premium (UFMIP) to just .01 percent and reduce its …Read More